Coal production grew by 16 per cent touching 698 mn tonnes during April-January period of the current fiscal, against 601 mn tonnes production recorded during the corresponding period of last year
Move to make it a must for units running on imported coal to remain fully functional comes amid 50-80% spike in global coal price
Financial mismanagement of the pension scheme has depleted corpus meant for pensioners of public sector mines
In a Q&A, the President of GE South Asia asserts that natural gas will bridge India's journey from coal to renewables, even as he points is massive potential in onshore wind energy
Work is in progress to set up Coal-to-Methanol plants in the country using indigenous technology, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday. BHEL (Hyderabad and Trichy), Thermax, and IIT Delhi are working on the project, the Union minister said while inaugurating the demo run of an Inland Water Vessel powered by Methanol blended Diesel (MD15) on the Brahmaputra here. The low-carbon boat ride was done on a 50-seater motor launch marine vessel named 'SB Gangadhar' by Puri and Union Minister of State for Petroleum and Natural Gas Rameshwar Teli. Methanol is a cost-effective alternative marine fuel, less expensive than other marine fuels and is economical in terms of developing shoreside storage and bunkering infrastructure, Puri said. Assam Petrochemical Limited (APL), Namrup, currently produces about 100 TPD of Methanol and is implementing a new project for the production of 500 TPD of Methanol, Puri said at the event, organised as a part of the .
However, the use of low-sulphur coal in thermal power plants is allowed
Twelve major ports handled cargo of 69.5 million tonnes in December, which is highest during current fiscal year
A total of 290 mines are operational in Coal India Ltd (CIL) out of which 97 mines produce more than one MT per year
Coal currently accounts for 44 per cent of India's primary energy and 70 per cent of its power generation
Coal Ministry Offered relaxation in Revision of Performance Bank Guarantee and extended Bid due date for Commercial Coal Block auction upto January 30
The searches are being undertaken in state capital Raipur, Korba, Durg and Ranchi in Jharkhand and Bengaluru (Karnataka)
The power ministry has asked gencos to use imported coal to the extent of 6 per cent of their requirement
State-owned NTPC on Tuesday said its coal production increased 51 per cent year-on-year from its captive mines to 14.55 million tonne (MT) in April-December 2022. The power giant had produced 9.65 MT of coal from its captive coal mines in the year-ago period, NTPC said in a statement. "Coal mining division of NTPC is maintaining its growth trajectory. NTPC surpassed its earlier record with coal production of 14.55 MT till December 2022 in this fiscal compared with 9.65 MT in the same period of the previous year," it added. The four operational coal mines -- Pakri-Barwadih (Jharkhand), Chatti-Bariatu (Jharkhand), Dulanga (Odisha) and Talaipalli (Chhattisgarh) -- have contributed to accomplish the highest-ever monthly coal production of 22.83 lakh tonnes in December 2022. In the third quarter, NTPC produced 5.79 MT of coal and dispatched 5.42 MT to its power plants. NTPC, under the Ministry of Power, is India's largest power-generating company.
State-owned CIL on Tuesday said that its arm MCL supplied 143.4 million tonnes of coal till December in the current fiscal, the highest among all the subsidiaries of the coal behemoth. Mahanadi Coalfields Ltd's (MCL) supplies accounted for 28.2 per cent of the total off-take of 507.8 million tonnes from Coal India Ltd (CIL). "MCL's growth curve has been phenomenal in FY23 in terms of production and supplies, the highest among all our subsidiaries," a senior executive of CIL was quoted as saying in a statement and added "this helped us in pushing up our overall output and off-take". MCL's coal off-take peaked to 146.12 million tonnes (MTs) on January 5, overtaking the total supplies that the company registered for full year of FY21. This achievement was attained 85 days before the current financial year comes to an end. MCL's supplies ending FY21 were 146 MTs. Against the contracted quantity of 81.5 MT to its customers in the power sector, the actual supply from MCL was 102.7 MT t
Domestic coal supply to be regulated for those not adhering to the directive
The dispatch of coal to different sectors was at 78.91 million tonnes (MT) in December, registering a rise of 5.28 per cent. The coal dispatch in the corresponding month of previous fiscal was 74.95 MT. "During Dec 2022, CIL (Coal India), SCCL (Singareni Collieries Company Ltd) and captive mines/others registered a growth of 3.57 per cent, 17.89 per cent and 8.85 per cent by despatching 62.72 MT, 6.72 MT and 9.46 MT (of coal) respectively," as per the provisional figures of coal ministry. The dispatch of coal to the power sector increased by 4.26 per cent to 65.65 MT during the last month. The country's total coal production increased by 10.81 per cent to 82.87 MT from 74.79 MT during the last month as compared to the year-ago period. CIL registered a growth of 10.30 per cent, whereas SCCL and captive mines/ others attained a growth of 19.12 per cent and 9.01 per cent, respectively. While 28 coal mines produced more than 100 per cent, four mines' production level stood between 80
Power utilities despatch also increased by 4.26 per cent to 65.65 million tonnes during December 2022
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICRA said on Thursday. In a recent note on the primary base metal industry, ICRA said that the earnings of the industry would continue to remain under pressure in the second half of the current fiscal, following a dull performance in the first half of FY'23. "Elevated coal costs along with metal price corrections remain the key headwinds affecting the margins, with no immediate relief in sight," ICRA said in a statement. On account of input cost pressures, the rating agency said it has revised its estimates of operating profitability of domestic players downward to 18 per cent in the current fiscal. ICRA's operating profitability forecast for domestic players is almost 3 percentage points lower compared to its earlier forecast made in September last year and 10 percentage points lower compared to FY'22. "In FY2024, while some respite is ..
The Centre on Monday said an additional 19 first mile connectivity projects of state-owned CIL and SCCL will be implemented by 2026-27. First mile connectivity refers to the transportation of coal from pitheads to dispatch points. "The Ministry of Coal will be taking up additional 19 First Mile Connectivity (FMC) projects for Coal India Ltd (CIL) and Singareni Collieries Company Ltd (SCCL) with a capacity of 330 million tonnes (MT) and these projects will be implemented by FY26-27," the ministry said in a statement. The ministry has already undertaken 55 first mile connectivity projects worth Rs 18,000 crore. Out these 55 projects, eight having a capacity of 95.5 million tonnes per annum (MTPA) have been commissioned and the remaining will be commissioned by FY25. To ensure efficient and environment-friendly coal evacuation, the government is working on the development of the National Coal Logistic Plan, including first mile connectivity through railway sidings near coal mines and
Evacuation of coal from Talcher coalfields in Odisha's Angul district is set to get a boost with the inauguration of the Rs 300-crore Angul-Balram rail link on Thursday. The project, inaugurated by Union Coal and Mines Minister Pralhad Joshi, in the presence of his cabinet colleagues Dharmendra Pradhan and Ashwini Vaishnaw, is likely to enable Mahanadi Coalfields Ltd (MCL) to increase its daily dispatch of coal by around 40,000 tonne. The project was constructed by Mahanadi Coal Railway Ltd, a joint venture entity of MCL, IRCON International Ltd and IDCO, an industrial infrastructure development agency of the Odisha government, an official statement said. The 14-km-long Angul-Balram rail link is the first phase of a total 68-km inner corridor connecting Angul with Putugadia, Jarapada and Tentuloi, which will cater to coal mines of Talcher coalfields. The inner corridor is being implemented by MCRL in two phases. In phase two, the Balram-Putugadia-Jarapada-Tentuloi rail link would